American Trust Takes $1.59 Million Position in Tractor Supply Company $TSCO

Key Points

• American Trust recently acquired 28,836 shares of Tractor Supply Company, valued at approximately $1,589,000, marking a new position for the firm in the specialty retailer's stock.
• Analysts have raised their target prices for Tractor Supply, with Truist Financial increasing it from $60 to $66, and most recently, the stock has an average rating of "Moderate Buy".
• Insider transactions indicate that several company executives have recently sold shares, including EVP Jonathan S. Estep, who sold 35,825 shares valued at over $2 million.

American Trust bought a new stake in shares of Tractor Supply Company (NASDAQ:TSCO - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 28,836 shares of the specialty retailer's stock, valued at approximately $1,589,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GW&K Investment Management LLC raised its holdings in Tractor Supply by 89.3% in the first quarter. GW&K Investment Management LLC now owns 479 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 226 shares during the period. Pacific Center for Financial Services increased its position in shares of Tractor Supply by 400.0% in the 4th quarter. Pacific Center for Financial Services now owns 550 shares of the specialty retailer's stock valued at $29,000 after buying an additional 440 shares in the last quarter. LRI Investments LLC raised its stake in Tractor Supply by 400.0% during the 4th quarter. LRI Investments LLC now owns 615 shares of the specialty retailer's stock worth $33,000 after buying an additional 492 shares during the period. Financial Gravity Asset Management Inc. bought a new position in Tractor Supply during the first quarter worth about $39,000. Finally, Smallwood Wealth Investment Management LLC bought a new position in Tractor Supply during the first quarter worth about $41,000. 98.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TSCO shares. JPMorgan Chase & Co. increased their price target on Tractor Supply from $56.00 to $65.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. DA Davidson increased their price objective on shares of Tractor Supply from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. Truist Financial lifted their price target on Tractor Supply from $60.00 to $66.00 and gave the company a "buy" rating in a research note on Friday, July 25th. Piper Sandler upped their price objective on Tractor Supply from $66.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Finally, Evercore ISI increased their price objective on Tractor Supply from $60.00 to $65.00 and gave the stock an "in-line" rating in a report on Friday, July 25th. Thirteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $61.80.

Insider Buying and Selling

In other news, EVP Colin Yankee sold 6,680 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $58.40, for a total transaction of $390,112.00. Following the transaction, the executive vice president directly owned 40,142 shares in the company, valued at $2,344,292.80. The trade was a 14.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Noni L. Ellison sold 5,200 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $63.96, for a total transaction of $332,592.00. Following the completion of the sale, the senior vice president directly owned 28,639 shares in the company, valued at approximately $1,831,750.44. The trade was a 15.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 204,680 shares of company stock worth $12,071,552. Corporate insiders own 0.65% of the company's stock.

Tractor Supply Stock Up 1.0%

NASDAQ TSCO traded up $0.59 during trading hours on Friday, hitting $60.61. 4,395,306 shares of the company traded hands, compared to its average volume of 5,433,133. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.16 and a current ratio of 1.28. The business's 50-day moving average is $59.28 and its 200-day moving average is $54.49. The stock has a market capitalization of $32.12 billion, a price-to-earnings ratio of 29.74, a P/E/G ratio of 3.00 and a beta of 0.76. Tractor Supply Company has a twelve month low of $46.85 and a twelve month high of $63.99.

Tractor Supply (NASDAQ:TSCO - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.01. The company had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.40 billion. Tractor Supply had a return on equity of 46.83% and a net margin of 7.18%.The business's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.93 EPS. Tractor Supply has set its Q3 2025 guidance at 2.000-2.180 EPS. Sell-side analysts anticipate that Tractor Supply Company will post 2.17 earnings per share for the current year.

Tractor Supply Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, August 25th were paid a $0.23 dividend. The ex-dividend date was Monday, August 25th. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. Tractor Supply's dividend payout ratio (DPR) is currently 45.10%.

Tractor Supply Company Profile

Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.